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Market Trends
Commentary Provided byBrayson Verzella If you can qualify, now is an exceptional time to buy a home in Lake McQueeney. Low rates with stable home prices makes a home purchase a great value! Call now for more information at 210-204-6284 |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | San Antonio | ||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | More than 120 days | ||
| Market Trend | No Change | ||
| Housing Inventory | Limited Supply | ||
| Inventory Comments | Due to the nature of Lake front Property homes with lake frontage are limited in supply. | ||
| Average Home Price | $550,000 - View Graph Trend | ||
| Best Selling Price Range | $400,000 - $449,000 | ||
| Worst Selling Price Range | $1,000,000+ | ||
| Compared to Last Year | Up 0-5% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | No | ||
| Multiple Offers Commentary | Due to the higher price and lower pool of buyers; homes on Lake McQueeney are not on average receiving multiple offers. | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Lake McQueeney is | Increasing | ||
| Seller Activity for the past 90 days in Lake McQueeney is | No Change | ||
| Is Financing Available For Qualified Buyers in Lake McQueeney? | Yes | ||
| Comments on Financing For Qualified Buyers | Financing is available for qualified buyers who are interested in homes on Lake McQueeney. | ||
| Existing Home Prices for the past 90 days are | No Change | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||
| Housing Hot Spots | Seguin and New Braunfels have many great opportunities for buyers and within the cities there are many housing hotspots. | ||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Lake McQueeney! Lake front properties are always disired by many segments of the buyer pool and for that reason it is always a good time to buy on Lake McQueeney. | ||
| Average Sold Price | $550,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Brayson Verzella
Keller Williams Realty Heritage San Antonio, Texas 210-204-6284 BraysonV@kw.com Agent Home Page 
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Lake McQueeney Local News
News for Lake McQueeney, TX - Thursday July 9th, 2009 8:41am
Lake McQueeney continues to be a great destination for people who want to live on a beautiful lake perfect for water skiing and other water sports, but yet live fairly close to New Braunfels, Seguin and San Antonio. Lake front property can start in the upper $300's occasionally, but goes up from there and is usually found more often to start in the $400,000+ range. With the average days on market for Lake McQueeney significantly high sellers are often ready to accomadate reasonable prices and terms. This is one of the best kept secrets in the area and people are beginning to take notice of how nice water front life can be on Lake McQueeney. The area is also semi rural so in addition to having the lake as a perk residents also enjoy a quiet relaxing country atmosphere in the McQueeney area.
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